If the Fed had agreed with Robert Shiller in December 2007, what actions might it have taken
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Robert Shiller, Professor of Economics at Yale University, predicted that there was a very real possibility that the United States would be plunged into a Japan-style slump, with house prices declining for years.
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By December 2007 the Fed was already starting to respond to what would become the financ...View the full answer
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Related Book For
Macroeconomics Canada in the Global Environment
ISBN: 978-0321778109
8th edition
Authors: Michael Parkin, Robin Bade
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